AD
Array Digital Infrastructure, Inc.
Telecommunications Services
Market Cap$4.27B
5Y Perf.+57.9%
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Stock Comparison
AD vs CCOI
Revenue, margins, valuation, and 5-year total return — side by side.
CCOI
Cogent Communications Holdings, Inc.
Telecommunications Services
Market Cap$831M
5Y Perf.-78.3%
AD vs CCOI — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | AD | CCOI |
|---|---|---|
| Industry | Telecommunications Services | Telecommunications Services |
| Market Cap | $4.27B | $831M |
| Revenue (TTM) | $1.91B | $949M |
| Net Income (TTM) | $290M | $-170M |
| Gross Margin | 57.5% | 32.4% |
| Operating Margin | 4.2% | -7.9% |
| Forward P/E | 58.0x | — |
| Total Debt | $1.71B | $2.93B |
| Cash & Equiv. | $113M | $205M |
AD vs CCOI — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
AD
CCOI
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Array Digital Infra… (AD) | 100 | 157.9 | +57.9% |
| Cogent Communicatio… (CCOI) | 100 | 21.7 | -78.3% |
Price return only. Dividends and distributions are not included.
Quick Verdict: AD vs CCOI
Each card shows where this stock fits in a portfolio — not just who wins on paper.
Bottom line: AD leads in 5 of 6 categories, making it the strongest pick for profitability and margin quality and capital preservation and lower volatility. Cogent Communications Holdings, Inc. is the stronger pick specifically for growth and revenue expansion. As sector peers, any of these can serve as alternatives in the same allocation.
AD
Array Digital Infrastructure, Inc.
The Income Pick
AD carries the broadest edge in this set and is the clearest fit for income & stability and long-term compounding.
- Dividend streak 1 yrs, beta 0.42, yield 45.7%
- 121.2% 10Y total return vs CCOI's 13.0%
- Lower volatility, beta 0.42, Low D/E 66.4%, current ratio 0.72x
Best for: income & stability and long-term compounding
CCOI
Cogent Communications Holdings, Inc.
The Growth Play
CCOI is the clearest fit if your priority is growth exposure.
- Rev growth -5.8%, EPS growth 11.6%, 3Y rev CAGR 17.6%
- -5.8% revenue growth vs AD's -95.7%
Best for: growth exposure
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | CCOI | -5.8% revenue growth vs AD's -95.7% |
| Quality / Margins | AD | 15.2% margin vs CCOI's -17.9% |
| Stability / Safety | AD | Beta 0.42 vs CCOI's 1.67 |
| Dividends | AD | 45.7% yield, 1-year raise streak, vs CCOI's 18.9% |
| Momentum (1Y) | AD | +31.6% vs CCOI's -66.1% |
| Efficiency (ROA) | AD | 3.8% ROA vs CCOI's -5.4%, ROIC -0.6% vs -3.1% |
AD vs CCOI — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
FY 2025
AD vs CCOI — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
BEST OVERALLADLAGGINGCCOI
CCOICogent Communications…
1leads
ADArray Digital Infrast…
5leads
6 Total Categories
CATEGORYLEADERvs CCOIMETRICS WON
Income & Cash FlowRevenue, margins, and cash flow strength
AD5/6
Valuation MetricsMultiples, price ratios, and targets
CCOI2/2
Profitability & EfficiencyROE, ROIC, leverage, and quality scores
AD7/8
Total Returns1Y, 3Y, 5Y total returns with dividends
AD6/6
Risk & VolatilityBeta, volatility, and downside exposure
AD2/2
Analyst OutlookRatings, price targets, and dividends
AD2/2
Income & Cash Flow (Last 12 Months)
AD leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
AD is the larger business by revenue, generating $1.9B annually — 2.0x CCOI's $949M. AD is the more profitable business, keeping 15.2% of every revenue dollar as net income compared to CCOI's -17.9%. On growth, CCOI holds the edge at -3.2% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ADArray Digital Inf… | CCOICogent Communicat… |
|---|---|---|
| RevenueTrailing 12 months | $1.9B | $949M |
| EBITDAEarnings before interest/tax | $430M | $174M |
| Net IncomeAfter-tax profit | $290M | -$170M |
| Free Cash FlowCash after capex | $2.6B | -$208M |
| Gross MarginGross profit ÷ Revenue | +57.5% | +32.4% |
| Operating MarginEBIT ÷ Revenue | +4.2% | -7.9% |
| Net MarginNet income ÷ Revenue | +15.2% | -17.9% |
| FCF MarginFCF ÷ Revenue | +137.8% | -21.9% |
| Rev. Growth (YoY)Latest quarter vs prior year | -93.8% | -3.2% |
| EPS Growth (YoY)Latest quarter vs prior year | +6.8% | +23.9% |
AD leads this category, winning 5 of 6 comparable metrics.
Valuation Metrics
CCOI leads this category, winning 2 of 2 comparable metrics.
Valuation Metrics
| Metric | ADArray Digital Inf… | CCOICogent Communicat… |
|---|---|---|
| Market CapShares × price | $4.3B | $831M |
| Enterprise ValueMkt cap + debt − cash | $5.9B | $3.6B |
| Trailing P/EPrice ÷ TTM EPS | 14.94x | -4.37x |
| Forward P/EPrice ÷ next-FY EPS est. | 58.04x | — |
| PEG RatioP/E ÷ EPS growth rate | 3.04x | — |
| EV / EBITDAEnterprise value multiple | — | 21.38x |
| Price / SalesMarket cap ÷ Revenue | 26.23x | 0.85x |
| Price / BookPrice ÷ Book value/share | 1.69x | — |
| Price / FCFMarket cap ÷ FCF | 1.62x | — |
CCOI leads this category, winning 2 of 2 comparable metrics.
Profitability & Efficiency
AD leads this category, winning 7 of 8 comparable metrics.
Profitability & Efficiency
AD delivers a 8.1% return on equity — every $100 of shareholder capital generates $8 in annual profit, vs $-2 for CCOI. On the Piotroski fundamental quality scale (0–9), AD scores 4/9 vs CCOI's 3/9, reflecting mixed financial health.
| Metric | ADArray Digital Inf… | CCOICogent Communicat… |
|---|---|---|
| ROE (TTM)Return on equity | +8.1% | -2.3% |
| ROA (TTM)Return on assets | +3.8% | -5.4% |
| ROICReturn on invested capital | -0.6% | -3.1% |
| ROCEReturn on capital employed | -0.7% | -3.6% |
| Piotroski ScoreFundamental quality 0–9 | 4 | 3 |
| Debt / EquityFinancial leverage | 0.66x | — |
| Net DebtTotal debt minus cash | $1.6B | $2.7B |
| Cash & Equiv.Liquid assets | $113M | $205M |
| Total DebtShort + long-term debt | $1.7B | $2.9B |
| Interest CoverageEBIT ÷ Interest expense | -1.74x | -0.52x |
AD leads this category, winning 7 of 8 comparable metrics.
Total Returns (Dividends Reinvested)
AD leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in AD five years ago would be worth $22,384 today (with dividends reinvested), compared to $4,230 for CCOI. Over the past 12 months, AD leads with a +31.6% total return vs CCOI's -66.1%. The 3-year compound annual growth rate (CAGR) favors AD at 72.2% vs CCOI's -26.0% — a key indicator of consistent wealth creation.
| Metric | ADArray Digital Inf… | CCOICogent Communicat… |
|---|---|---|
| YTD ReturnYear-to-date | +11.1% | -19.4% |
| 1-Year ReturnPast 12 months | +31.6% | -66.1% |
| 3-Year ReturnCumulative with dividends | +410.5% | -59.5% |
| 5-Year ReturnCumulative with dividends | +123.8% | -57.7% |
| 10-Year ReturnCumulative with dividends | +121.2% | +13.0% |
| CAGR (3Y)Annualised 3-year return | +72.2% | -26.0% |
AD leads this category, winning 6 of 6 comparable metrics.
Risk & Volatility
AD leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
AD is the less volatile stock with a 0.42 beta — it tends to amplify market swings less than CCOI's 1.67 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. AD currently trades 62.8% from its 52-week high vs CCOI's 29.7% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ADArray Digital Inf… | CCOICogent Communicat… |
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.42x | 1.67x |
| 52-Week HighHighest price in past year | $79.17 | $55.89 |
| 52-Week LowLowest price in past year | $44.03 | $14.82 |
| % of 52W HighCurrent price vs 52-week peak | +62.8% | +29.7% |
| RSI (14)Momentum oscillator 0–100 | 55.2 | 37.7 |
| Avg Volume (50D)Average daily shares traded | 191K | 1.2M |
AD leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
AD leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Wall Street rates AD as "Buy" and CCOI as "Hold". Consensus price targets imply 65.7% upside for CCOI (target: $28) vs 7.5% for AD (target: $54). For income investors, AD offers the higher dividend yield at 45.75% vs CCOI's 18.87%.
| Metric | ADArray Digital Inf… | CCOICogent Communicat… |
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Hold |
| Price TargetConsensus 12-month target | $53.50 | $27.50 |
| # AnalystsCovering analysts | 5 | 32 |
| Dividend YieldAnnual dividend ÷ price | +45.7% | +18.9% |
| Dividend StreakConsecutive years of raises | 1 | 0 |
| Dividend / ShareAnnual DPS | $22.76 | $3.13 |
| Buyback YieldShare repurchases ÷ mkt cap | +0.5% | +2.0% |
AD leads this category, winning 2 of 2 comparable metrics.
Key Takeaway
AD leads in 5 of 6 categories (Income & Cash Flow, Profitability & Efficiency). CCOI leads in 1 (Valuation Metrics).
Best OverallArray Digital Infrastructur… (AD)Leads 5 of 6 categories
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AD vs CCOI: Frequently Asked Questions
9 questions · data-driven answers · updated daily
01Is AD or CCOI a better buy right now?
For growth investors, Cogent Communications Holdings, Inc.
(CCOI) is the stronger pick with -5. 8% revenue growth year-over-year, versus -95. 7% for Array Digital Infrastructure, Inc. (AD). Array Digital Infrastructure, Inc. (AD) offers the better valuation at 14. 9x trailing P/E (58. 0x forward), making it the more compelling value choice. Analysts rate Array Digital Infrastructure, Inc. (AD) a "Buy" — based on 5 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which is the better long-term investment — AD or CCOI?
Over the past 5 years, Array Digital Infrastructure, Inc.
(AD) delivered a total return of +123. 8%, compared to -57. 7% for Cogent Communications Holdings, Inc. (CCOI). Over 10 years, the gap is even starker: AD returned +121. 2% versus CCOI's +13. 0%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
03Which is safer — AD or CCOI?
By beta (market sensitivity over 5 years), Array Digital Infrastructure, Inc.
(AD) is the lower-risk stock at 0. 42β versus Cogent Communications Holdings, Inc. 's 1. 67β — meaning CCOI is approximately 296% more volatile than AD relative to the S&P 500.
04Which is growing faster — AD or CCOI?
By revenue growth (latest reported year), Cogent Communications Holdings, Inc.
(CCOI) is pulling ahead at -5. 8% versus -95. 7% for Array Digital Infrastructure, Inc. (AD). On earnings-per-share growth, the picture is similar: Array Digital Infrastructure, Inc. grew EPS 823. 9% year-over-year, compared to 11. 6% for Cogent Communications Holdings, Inc.. Over a 3-year CAGR, CCOI leads at 17. 6% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
05Which has better profit margins — AD or CCOI?
Array Digital Infrastructure, Inc.
(AD) is the more profitable company, earning 178. 5% net margin versus -18. 7% for Cogent Communications Holdings, Inc. — meaning it keeps 178. 5% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: CCOI leads at -10. 6% versus -30. 2% for AD. At the gross margin level — before operating expenses — AD leads at 21. 6%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
06Is AD or CCOI more undervalued right now?
Analyst consensus price targets imply the most upside for CCOI: 65.
7% to $27. 50.
07Which pays a better dividend — AD or CCOI?
All stocks in this comparison pay dividends.
Array Digital Infrastructure, Inc. (AD) offers the highest yield at 45. 7%, versus 18. 9% for Cogent Communications Holdings, Inc. (CCOI).
08Is AD or CCOI better for a retirement portfolio?
For long-horizon retirement investors, Array Digital Infrastructure, Inc.
(AD) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 42), 45. 7% yield, +121. 2% 10Y return). Cogent Communications Holdings, Inc. (CCOI) carries a higher beta of 1. 67 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (AD: +121. 2%, CCOI: +13. 0%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
09What are the main differences between AD and CCOI?
Both stocks operate in the Communication Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: AD is a small-cap deep-value stock; CCOI is a small-cap income-oriented stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
Find Stocks Like These
Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that outperform both.
- Sector: Communication Services
- Market Cap > $100B
- Net Margin > 9%
- Dividend Yield > 18.2%
- Sector: Communication Services
- Market Cap > $100B
- Gross Margin > 19%
- Dividend Yield > 7.5%
Revenue Growth>
%
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